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South Korean police reportedly launched the country’s first illegal gambling probe into local Polymarket users amid election-betting scrutiny.
South Korean Polymarket users could be subject to a fine of up to 10 million Korean won, which is worth around $6,495.
The post South Korea Opens First Probe Into Polymarket Users Over Illegal Betting appeared first on Coinpedia Fintech News South Korean police have launched their first investigation into local users of Polymarket, the world’s largest prediction market, on suspicion of illegal gambling. According to
He was talking to reporters after arriving at Gimpo airport in South Korea on a flight from Taiwan.He was talking to reporters after arriving at Gimpo airport in South Korea on a flight from Taiwan.
South Korea’s Kospi stock market has hit record highs thanks to AI, but experts urge caution over boom-bust cycles and a heavy reliance on two chipmakers South Korea has leapfrogged India to become the world’s sixth largest share market, leaving equity markets in the UK, Germany and France trailing
South Korea's stock market has now surpassed India's, becoming the world's sixth largest. This significant shift is largely due to the booming performance of its chip giants, Samsung Electronics and SK Hynix, which are central to the global artificial intelligence boom.
The Seoul-based rocket startup is developing its own launch vehicles and engines.
The chief executive of the world's most valuable company is expected to meet with companies including SK Group, Hyundai Motor Group, LG Corp and Naver, to discuss so-called "physical AI" applications such as robotics, local media including the Chosun Daily and MBC reported.
Samsung Electronics and LG Uplus signed a memorandum of understanding on 27 May to jointly develop Integrated Sensing and Communication, or ISAC, a technology that would allow mobile network base stations to double as environmental sensors. The agreement was signed at LG Science Park in Magok, Seoul
The crypto exchange's investment arm and Korea Investment & Securities will each invest KRW 80 billion ($53 million) as Coinone pushes into stablecoins and tokenized securities.
Major institutions in South Korea are seeking to expand into digital assets in preparation for the upcoming regulatory framework for crypto.
South Korean prosecutors reportedly charged a group over the CATFI memecoin rug pull, marking the country’s first DEX rug-pull case under crypto law.
The post South Korea Crypto Trading Volume Drops Sharply Against Stock Market appeared first on Coinpedia Fintech News South Korea has seen cryptocurrency trading activity fall to around one-tenth of stock market levels as investors shift toward equities during the country’s strong KOSPI rally. Data
By using fake social media channels, the suspects allegedly lured thousands into buying Solana memecoin CatFi, before abandoning the project.
South Korea’s Deputy Prime Minister Bae Kyung-hoon said the wealth created by artificial intelligence must benefit the wider public, warning that the labour tensions that nearly shut down Samsung Electronics this week are not an isolated event but a preview of what the AI era will produce. Speaking
The post South Korea May Ban Planned 22% Crypto Tax After Investor Backlash Grows appeared first on Coinpedia Fintech News South Korea is now reconsidering banning its planned 22% crypto tax after the country’s main opposition party officially introduced a bill to completely remove digital asset tax
The post South Korea Petition Against Crypto Tax Passes 50,000 Signatures appeared first on Coinpedia Fintech News A petition in South Korea calling for the removal of a planned 22% crypto gains tax has surpassed 50,000 signatures, forcing lawmakers to review it in the National Assembly’s Finance an
The petitioner said taxing cryptocurrency gains while abolishing taxes on traditional investments is unfair.
Critics say the new 22% crypto tax, set to take effect in 2027, unfairly favors other asset classes with a much lower tax burden.
A Seoul-based funeral services firm disclosed tens of millions of dollars in unrealized losses tied to leveraged ether ETF investments.
